Tips to Keep Your Home Safe this Holiday Season

If you’re going away for the holidays, here are some tips to help keep your home safe.  You might like to print this blog post and keep it handy when you next go on holiday.

It can be a busy time of year and there are many things to do and to remember.  With so much to do it can be easy to forget about our security, and taking care of the little things.

Thieves can be particularly, especially as we are out and about more and away on holidays.  Irrespective of the time of year – each time you leave your home it becomes vulnerable.  It’s vitally important to make security part of your daily routine.

Tips from Quinovic Property Management Parnell in Auckland To Keep Your Home Safe This Holiday Season. Christmas and New Year

  1. Dispose of Wrappers and Packaging Carefully.  If you purchase a laptop, electronic gear, or a big ticket item, ie – a new flat screen television or appliance – cut up packaging to disguise what you have received.
  2. Check All Windows and Doors are Locked.  As the weather heats up, there’s a temptation to open windows, and it can be easy to forget to close all of them.  Ensure you lock doors too, even if you’re going to be tending to plants in the back garden.  Garages with direct access into your home also need to be locked.  A thief can access your property in a moment.
  3. Lock Up Your Sheds.  Unlocked sheds with tools mean a thief can use them to access your home.  Ensure your garden and tool sheds are secured.
  4. Lock Your Side Gates.  Unlocked side gates can give strangers access to the back of your property and you should take care to lock any side gates.
  5. Watch Your Wheelie Bins.  Wheelie bins can be used to climb over a gate, or wheeled around the back of your property to gain access to a high up window left ajar.  Consider chaining your wheelie bins up, or locking them away in your garage while away for periods of time or on holiday.
  6. Don’t Leave Valuables in Your Vehicle.  It can be tempting to leave items in vehicles overnight in your driveway.  Ensure any valuables are out of sight, and take your wallet and laptop with you.  Just because your car is parked in your driveway, doesn’t mean it won’t be seen.  Make sure you keep your vehicle locked at all times, even if it is parked in your garage.  If planning trips to the beach or bush walks – cars left unattended for several hours are very often a target.
  7. Cancel Regular Deliveries.  Uncollected newspapers and regular deliveries are an indicator you’re away.  Cancel newspaper subscriptions and other deliveries.
  8. Ensure Insurance Policies are Up to Date.  Make sure your insurance policies are up to date.  If you are going away for a long period, you should let your insurance company know.
  9. Know Your Neighbours.  You could ask a friend or neighbour to collect your mail and monitor your property while you are away.  They could even open and shut the curtains for you.  Ask them to put your rubbish and recycling bins out for collection, and to put them back again once collected.
  10. An Empty Carport is a Signal.  You could ask a friend or neighbour to park one of their vehicles in your carport.  An empty carport signals there is no one home.
  11. Garden Maintenance.  If you’re away for a period of time – arrange for your garden to be tended to, and lawns mowed.  Shrubs which hide windows should be trimmed back.  If you’re living in a home where your gardens and lawns are tended to – all this should be taken care of already.
  12. Make Your Home Appear Occupied.  Even if you’re going out for a few minutes, create an illusion you are home by leaving a light or radio on.  If you’re going away for a period of time – you could set up a lamp to come on at night and go off in the morning.  You can program some to come on at random times.
  13. Activate Your Alarm.  If you have a security alarm, ensure you activate it while you are away.  If you’re living in a home without an alarm – you could consider purchasing (relatively cheaply) motion sensitive cameras.  Some send you a message or email once activated, and they record footage.  You could purchase one or two cameras to give you peace of mind.  And if you move on from the property – you can take your security cameras with you.
  14. Hire a Property Manager:  If leaving your home for quite some time while you go overseas on holiday, or move due to work commitments – hire a property manager to rent your home while you’re away.  Quinovic Property Management in Parnell, Auckland manages residential properties Auckland-wide.  Get in touch with Kerry from Quinovic Parnell to find out how we can help.  Call Quinovic Parnell today.

We hope these tips help you to make your home more secure year-round.  Quinovic Parnell wishes you a Happy New Year, and a safe holiday season.

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A Tide of Change is Coming for Landlords. Are You Ready?

Our government’s first-year anniversary is approaching.  Tenancy reform announcements are more frequent as Phil Twyford’s master plan starts to take shape.

Between now and Christmas, there are a few possible and proposed changes coming:

  • Proposed reforms to the Residential Tenancies Act announced.  In particular, reforms will be around ‘security of tenure’, rent bidding and allowing tenants to have pets.
  • Stricter rules and regulations for operators of boarding houses and the likely introduction of a Warrant of Fitness.
  • Standards and time frames around the implementation of the Healthy Homes Guarantee Bill criteria.
  • The Residential Tenancies Amendment Bill No 2 and Abolishment of Letting Fee Bill will become law.
  • An announcement about the possible regulation of our industry.
  • The possibility of tenants having right of renewal of their tenancy after a fixed term.
  • Tenants may have the right to a minimum length of tenancy.
Quinovic Property Management Parnell in Auckland
We have to ask:
  1. Will tenancies become periodic tenancies?
  2. Will landlords only have the opportunity to give a 90-day notice (with valid reason) to end a tenancy?
  3. Will tenants have the right to have pets?
  4. Will tenants be able to make alterations to the rental property without their landlord’s agreement?
 We are of the belief that warrants of fitness will come, and it will be a good change.  At Quinovic Parnell, 99% of the rental properties we manage would meet the proposed changes.  We would be active in guiding owners to ensure their rental properties comply.
It has never been more important that landlords realise they are running a business.  As such property owners need to educate themselves on the changes, and ensure they abide by the law.
We would like to thank Real-IQ for some of the comments for this blog post.
If you’re looking for expert help or guidance, get in touch with Quinovic Parnell in Auckland.  We can assist you in managing your property business. We can ensure your investment or portfolio of rental properties are well managed:

Stunning Auckland Home for Rent, Arney Road, Remuera

Today we share with you a stunning Auckland home available for rent on prestigious Arney Road, Remuera.  Perfect for a family seeking a furnished place to live until January 2019.  Two minutes to Remuera and Newmarket, and in the sought after Double Grammar Zone.

This outstanding character home, built at the beginning of last century has been lovingly maintained and has modern touches.  If you love space – this unique home will appeal.

There are 3 bedrooms, 3 bathrooms, secure gated access, and a huge separate wing which could be used as an office, and it includes an ensuite.  You’ll love the spaciousness of this very unique property.

Includes an inground swimming pool, spa and large decks off the spacious kitchen with living and dining room.

To view, get in touch with Kerry from Quinovic Property Management Parnell:

M: 0220 108 005
E: kerry@quinovic-parnell.co.nz

















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Are You Thinking of Buying an Investment Property?

Even if you are a seasoned property investor, but especially if you are relatively new to property investment, our advice is to “get advice”.

There’s much to consider:
  • Is it a good investment for me? Do the numbers work?
  • Do I know all I need to know about the property from a legal perspective?
  • What sort of rental return can I expect?
  • What improvements can I make to increase the value of the investment?
  • What type of features appeal to tenants; what are they looking for?
Here are a few tips that might help your decision making.

 

Bedrooms
The number of bedrooms is generally the first factor in determining how much a property will rent for. The bedrooms, the greater the rental income potential. Bedroom size is also important – they should all be big enough to accommodate a double or queen-sized bed.

 

Living Areas
The number of living rooms should be in proportion to the number of bedrooms. Usually, if there are four or more bedrooms, there should be more than one living area. Living areas are areas used for general living, ie – a space that can fit a couch, coffee table and TV. They also need to be far enough apart so that noise isn’t an issue. For instance, a house that has a combined lounge/dining upstairs and a rumpus room downstairs is considered to have two living areas.

 

Kitchens and Bathrooms
New or renovated kitchens and bathrooms are more appealing to tenants and “sell” rental properties. They also help maximise the sales price of properties when sold. Like bedrooms, the number of bathrooms can also influence the rental return.

 

Outdoor Living Area
Properties with an outdoor living area are easier to rent than those without any outside options.  Ideally, there should be enough space for a barbecue and seating for 4 to 8 people.  Yet anything is usually better than nothing.
Grounds should be low-maintenance and well maintained in the front and back. Consider the cost of lawn and garden maintenance and who you think should be responsible – you or your tenants.

 

Rental Property Investment

Presentation:
Properties that need repairs and maintenance aren’t appealing to tenants.  Property presentation is also a very important consideration.  As the property owner, home maintenance inside and outside is your responsibility, not your tenants.  It makes economic sense to ensure your property is presented in the best possible way.

At Quinovic Property Management over the past 30 years we’ve learned a lot about rental properties. We’ve helped residential property investors maximise the potential of their rental assets.

 Are you looking for independent, honest advice based on experience and knowledge?
Get in touch with Quinovic Property Management Parnell by clicking on the link below:

Some Facts About Meth Testing of Rental Properties

Methamphetamine and other drugs are becoming an increasing problem for rental properties.  Alarmed?  We explain why you shouldn’t be.

Quinovic Property Management Parnell has a policy in place to help manage this threat on behalf of rental property owners.

Why you should test for methamphetamine before each tenancy

  1. We test 2 to 4 days before a tenancy starts.  This creates a baseline for future tests.
  2. It is the landlord’s responsibility to provide a clean, tidy and safe home for their tenants.  Completing the test meets tenancy law requirements.
  3. If you fail to test before a tenancy, you could find it difficult to prove contamination was due to the current tenant.
  4. The rental property becomes uninhabitable if contamination is found during a tenancy. The tenancy must end immediately.
  5. As a landlord, you are not responsible to supply alternative accommodation. It’s always good to help if you can.
  6. If a tenant can prove the rental property was contaminated before their arrival, they may apply to the Tenancy Tribunal for a refund of all rent paid. This has occurred more than once in New Zealand.
We don’t wish to frighten anyone off from being a landlord. Engage the professional services of Quinovic Property Management Parnell today. We will ensure you meet your legal responsibilities.
Follow the link below and get in touch with Kerry Kirwan to discuss us managing your Auckland rental property:

Auckland’s New Property Millionaires

The residential rental housing market is seldom dull.  What an eventful few weeks we have had!

Did you check the new Auckland property revaluations recently?  On the first day of online access 120,000 people checked 10.3 million Auckland Council property revaluations.

Auckland Council pre-empted a lot of increases.  They announced the average house price rose 46% to $1.076 million since the previous revaluation three years ago.

In June 2018 Auckland Council sets its new rate level.  It will be clear then how these increases translate into rent increases.  It is likely we will see upward pressure on residential rents.  Property owners and investors will attempt to maintain equilibrium in their rental returns.

Those new revaluations may already be out of date

Most property owners are aware the Auckland housing market has been cooling.  It also means it is likely some properties may be worth less than their new revaluation.

Real Estate Institute of New Zealand (REINZ) figures released for year ending October 2017 state the Auckland median property sales price fell 3.2% year-on-year to $850,000. This is the biggest fall since December 2010, and the lowest median price in the last 16 months.  Yet it might not be as grim as it first seems.

There has been a glut of apartment sales in what was the old Auckland City Council area. This brought down the median value for the whole Super City region.  And it depends on how you measure “price”.  REINZ also do another calculation using a House Price Index (HPI) formula.  For the Auckland City legacy area, this only resulted in a decrease of 0.8% year-on-year.  HPI looks at the mix and value of the properties sold, not sales price alone. This makes an allowance for all those apartments.  Feeling better?

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Hold Don’t Sell

The slowing down of Auckland residential property sales has seen a lot more properties which didn’t achieve an acceptable sales price, convert to rental properties.  Depending on property equity, many reluctant landlords with a well-managed rental were surprised at the achievable returns.

Quinovic Property Management Parnell offers free residential rental appraisals.  You might be surprised at what you can achieve.  Get in touch with Kerry Kirwan to discuss your circumstances by clicking on the link below:

Contact Kerry Kirwan at Quinovic Parnell for a Free Rental Appraisal

It’s not always smooth sailing being a residential property landlord.  In November 2017 the Dunedin District Court overturned a ruling known as the Vic Inglis Tenancy Tribunal decision.  The Tribunal ordered Vic Inglis, the rental property owner, to refund his former tenant over $10,000 in rent.  This was due to having non-compliant alterations in his rental property.  Common sense prevailed.  The District Court ruled that although the technical breach was “unlawful”, as the tenant had not suffered from the breach, she must pay back the sum she had received.

Where a rental property has no full Code of Compliance sign-off, Tenancy Tribunal adjudicators will be able to base their rulings on the degree of unlawfulness and harm caused to tenants.  This should help ensure that resolutions are fair to all parties.

We say landlords should ensure their rental property complies with all building regulations and not knowingly take risks.

On a Positive Note for Tenants

Housing Minister, Phil Twyford, announced Government plans to pass the Healthy Homes Guarantee Bill by Christmas.  Insulation requirements will be compulsory from 2019.  At Quinovic Parnell we have been talking to our rental property owners about insulation requirements for some time.

The Labour Government has indicated there will also be minimum standards for heating which is likely to be in the form of heat pumps.  Confirmation of insulation and heating requirements will be within six months of the Bill enacted.

Are You a Reluctant Landlord?

You marketed your home for sale, it didn’t sell at your price – now you want to move on

Auckland property sales appear to have slowed.  At Quinovic Parnell  we are seeing frustrated vendors turning to the rental market when their property hasn’t sold for the expected price.

Many of these property owners are frustrated and disappointed.  They have gone through the sales process, and the effort required – both physically and emotionally.  Often they have moved on in their minds from owning the property and are having to rethink what to do.  They may have already purchased another property, and visualise being there.

Can you fully embrace an entirely new way of thinking from home owner to property investor, and treat it like a business?  You could rent your home out until the Auckland property market supports a good sale.

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Perhaps you have decided to go ahead and become a landlord.  Our professional experience and expertise in residential rental property is critical to making sure you get things right.

Here are some of the things that anyone considering becoming a landlord needs to think about.  All good reasons to have experts who deal with these each day do the work for you:

  • Your legal obligations
  • Letting, tenant screening, acceptance, bond collection and lodgement
  • Professional distance when managing the relationship with tenants
  • Rent collection
  • Repairs and maintenance
  • Rental appraisal and rent increases
  • Regular inspections
  • Advertising and marketing
  • Record keeping

Do you have the time to deal with situations when they arise?  We do!  We have the time and the experience to do the important things that ensure the best care of your property, and the best return.

Get in touch with Kerry Kirwan today to discuss us managing your property:

  • P:  09 373 4353
  • M:  0220 108 005